A look at the day ahead in European and global markets from Stella Qiu Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors’ nerves as they awaited a crucial U.S. nonfarm payrolls report that could alter the odds of a Federal Reserve rate cut this month. …
Morning Bid: Risk-wary markets count down to payrolls Read More »
By Mike Spector, Allison Lampert and David Shepardson (Reuters) -A U.S. judge on Thursday rejected Boeing’s agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a diversity and inclusion provision in the deal. Boeing did not immediately comment. The U.S. Department of Justice, which brokered the plea bargain …
US judge rejects Boeing plea deal in fatal 737 MAX crashes Read More »
(Reuters) – Work will continue on the BRICS settlement system despite U.S. President-elect Donald Trump’s threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying on Friday. Trump last week demanded that BRICS member countries commit to not creating a …
ROME (Reuters) – Italy believes there are no conditions for signing off on a trade deal between the European Union and South America’s Mercosur bloc, officials from Prime Minister Giorgia Meloni’s office said on Thursday. Rome’s government believes that signature can only take place on condition of adequate safeguards and compensation. European Commission President Ursula …
There are no conditions for signing off on EU-Mercosur trade deal, Italy says Read More »
By Amina Niasse and Manas Mishra NEW YORK (Reuters) – Health insurance companies are reassessing the risks for their top executives after the murder of UnitedHealthcare CEO Brian Thompson on Wednesday in Manhattan, with both UnitedHealth and rival CVS Health removing photos of their leadership teams from their websites after the shooting. UnitedHealthcare, part of …
Healthcare industry rethinks risk after murder of UnitedHealth exec Read More »
MOSCOW (Reuters) -Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday, complicating the payments process as buyers must now convert their currency elsewhere. U.S. sanctions on Gazprombank imposed last month mean Gazprombank cannot handle any new energy-related transactions that …
Putin cancels option for roubles conversion at Gazprombank in Russian gas payments Read More »
ROME (Reuters) – Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service. The test was carried out on Wednesday in San Salvo, a town in the central Abruzzo region. “The company continues to work …
Amazon successfully tests using delivery drones in Italy Read More »
SAO PAULO (Reuters) – Brazilian labor prosecutors charged Volkswagen’s local unit with subjecting farm workers to conditions akin to slavery decades ago and are seeking 165 million reais ($27.5 million) in damages, they said on Thursday. Volkswagen do Brasil said in a statement it had not been formally notified of the charges yet. Volkswagen committed …
Brazil charges Volkswagen unit with treating farm workers like slaves decades ago Read More »
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy has limited scope to intervene in UniCredit’s swoop for smaller rival Banco BPM through its “golden powers”, which some ministers see as a way to have leverage over the deal, people close to the matter told Reuters. So-called golden powers allow Italy’s government to block …
Italy’s ‘golden powers’ have limited sway over UniCredit’s BPM bid, sources say Read More »
(Reuters) -France’s Suez Group would help manage struggling British utilities firm Thames Water’s operations as part of a 5 billion pound ($6.37 billion) bid tendered by investor Covalis Capital for full ownership, the Financial Times reported on Thursday. Thames Water had asked potential investors to put forward indicative bids by the end of Thursday as …
France’s Suez Group to help manage Thames Water as part of Covalis bid, FT reports Read More »
